Short Interest in Worley Limited (OTCMKTS:WYGPY) Declines By 66.7%

Worley Limited (OTCMKTS:WYGPY) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 66.7% from the February 28th total of 300 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada lowered Worley from a “moderate buy” rating to a “hold” rating in a research report on Friday, March 14th.

Worley Stock Up 2.2 %

Worley stock opened at $9.30 on Friday. The stock’s 50 day moving average is $9.24 and its 200 day moving average is $9.24. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.35. Worley has a one year low of $7.82 and a one year high of $11.27.

Worley Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, April 24th. Stockholders of record on Monday, March 10th will be paid a $0.1575 dividend. This is a positive change from Worley’s previous dividend of $0.14. The ex-dividend date is Monday, March 10th.

About Worley

Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide. The company offers digital, consulting, engineering and design, construction management, construction and fabrication, supply chain management, project management, and operation and maintenance services, as well as maintenance, modification, and operation services.